secwatch.observer — SEC 8-K summary
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Issuer:     CONSUMERS ENERGY CO (CMS-PB)
CIK:        0000201533
Form:       8-K
Filed at:   2023-01-12T23:59:59+00:00
Accession:  0001104659-23-003371
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Consumers Energy (CMS subsidiary) to issue $400M in first mortgage bonds via private placement
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- Total $400M: $115M 5.24% due 2026, $50M 5.07% due 2029, $95M 5.17% due 2032, $140M 5.38% due 2037.
- Bonds secured by a direct first lien on property under the Indenture dated 1945, supplemented for this issuance.
- Closing anticipated during May 2023, subject to customary conditions including FERC authorization.
- Proceeds will be used for general corporate purposes (not specified in detail, but typical utility capex).
- Private placement exempt from SEC registration; sold to institutional purchasers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/201533/000110465923003371/0001104659-23-003371-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/201533/000110465923003371/tm233239d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-003371

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